click to show more information

click to hide/show information About your Search

20121112
20121120
Search Results 0 to 6 of about 7
back really. i'm just focused on trying to figure out what to do in this environment like i would be in any which brings us to the stock market. already sending a message to washington perhaps about the necessity of a deal on the fiscal cliff. six out of the last seven sessions have been negative. down more than 5% on fears about it but you've been bringing up the market action similarity to a certain extent to 20 plus years ago. a year ago let's not forget we were starting to deal with europe. it did not end until we got ltro, long-term refinancing operations from ecb that said we're going to -- it's not going to go bankrupt today. that's when we were watching italy above 7%. today those ten-year yields up 4.5, 4.6. >> talk about how italy has come. the economy is better than other countries. northern part of italy is increasing industrial production. that's impressive. they never gave up. italian banks some are happy with no problems funding. the reason i go back which is of the analogy why i go back that far. that's a tuesday, wednesday thing in europe. you focus on when ecb me
the environment. secondly, you talk at one point about the european parliament being an important partner for you and all the crisis related issues. white and has the fiscal pack gotten to the point that it has? when it's already clear that has two points that are conflicting with e.u. law in material and in formal terms, and that hasn't been regulated the european level. and implementation of the pact by the commission, well, how can we go along with that if the parliament is going to be excluded from that? you will have to deal with that on the first of the first. that is to come into force, but it will be impossible to implement it so how are you going to reconcile that contradiction? thank you. [speaking in native tongue] >> translator: chancellor, let me thank you very much for coming in today. i think it's been an interesting discussion. with certain heard a lot of political rhetoric. wavered not much economic reality from some members but that we are. we're used to it in this chamber. the october revolution was something to be celebrated, but chance of, i wish you well in a meeting with my
environment, and taxes is one of them. reform the tax code. when you do that, you get more revenue. guaranteed almost. i mean, it's, again, it's as i said earlier, there's opportunities here, and this is an opportunity for us as a country, and as you look at the budget analysis, joint tax committee analysis of what tax reform could be in terms of economic and growth, i mean, all of them will lead to more growth whether it's corporate tax reform or individual tax reform. >> right, but if the president insists, said last friday, he said this was fought over in the campaign, and we fought over tax rates, rising tax rates, he didn't use the word "rates" himself, but the press secretary said the president would veto any bill that extends tax rates. if he insists rates go up for those making over $250,000, what would your recommendation be to the republican congress in the senate? >> working in two white houses, i believe a president has a veto over the press secretary, thank goodness, because i like the president's comments better than jay carney's comments. i think he was behind the curve on that,
situations but also to look at the bigger public policy, that of the environment and that of climate change and global warming. we need to be cognizant of our stewardship over the -- our planet. we need to make certain that if these data that are compiled are telling us that there is increased prescription, for instance, over the catskills watershed, in my district, let's respond accordingly to sound public policy as it relates to our environment and our stewardship of the environment and let's be cognizant of the needs in response of this measure. you know, i'll just say this, and i know you want to add to this discussion here. i'll say this, in a time where government perhaps has been hit hard by critics out there suggesting there's no role for public sector here, we need to reduce government, i can tell you people addressing the war room, as they designated it, putting together all of the professionalism and academics and people who operate these programs and how well trained, watching that compilation, that collaborative effort of these profession alcs who are responding to public -- pr
countries that have more competitive environment and taxes are one of them. yes, we have to reform the tax code. when you do that, i will get more revenue. it is guaranteed. again, sort of as i was talking about earlier. this is opportunities here. this is opportunity for us as a country. if you look at the congressional budget analysis and joint tax committee analysis, what tax reform could mean in terms of macroeconomic impact and growth, all will lead to more growth, whether corporate tax reform or individual tax reform. >> right but if the president insists as he did last friday, this was fought over in the campaign and, fought over tax rates, rising tax rates, he didn't ice the words rates himself but jay carney, the white house press secretary said the president will veto any bill that extends the current tax rates. if he insists that tax rates go up for those making over $250,000, what's, what would your recommendation be to the republican congress and senate? >> first having worked in two white houses i believe a president does have a veto over the press secretary. thank goodness b
are being formed today in an environment that's much, much more radical than was the case nearly a decade earlier. i think there are some important lessons that the u.s. can learn from iraq and from afghanistan and from what's taking place there. but again the thing i would take away and the thing i would really stress to people is that this is not a war that the u.s. can win on its own. it's very -- it's very tempting for the u.s. to see a problem and to want to go in and solve it all the way. and i think there has to be a realization that sometimes being so pro active and carrying out so -- proactive and carrying out so many missile strikes and drone strikes can actually have a negative impact. >> ibrahim, did you want to chime in on this one? >> well, i didn't hear the question. i have a hard time hearing from the audience. but what greg said made sense to me so thank you. [laughter] >> i'm sorry. i'll start repeating the question to make sure we can get it. >> thank you. >> in the back. >> thank you. good morning. my name is giancarlo gonzalez with talk radio service. yemeni president
the environment for investment. in the dodd-frank bill, there is an amendment that make select all -- makes it law that the extractive industry, mining, oil, gas, registered on the new york stock exchange, it is law that they have to publish what they paid for those mining rights. it sounds obvious, doesn't it? the truth is that right now, the american petroleum institute's is suing the sec to try and overthrow that. that is astonishing. i know people and oil companies who are amazing people, and it is very important to energy here. in this case it is not a political issue. europe and america are going to make this outlandish opacity, and if that is not a word, i would like to suggest it to the oxford dictionary. when you publish what you pay, then the civil societies in those regions get to hold the government to account. that is one of the best things you can do to stimulate business investment. thank you. >> i am stating international development so this is close to my heart. how we develop the perspective and the mindset and incentivize people -- >> i am sorry i missed that. >> the whole quest
Search Results 0 to 6 of about 7